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probably say where our senate majority leader harry reid and senator mcconnell, the republican leader in the senate, because now all eyes turn to the senate. they're set to come back to town on the 27th. that is thursday. and at this point there are a number of options for some sort of bill that senate majority leader harry reid could put on the floor, but right now it appears democrats in the white house are pushing for something that still concentrates on making sure that income tax rates for those making a quarter million dollars or less don't go up. that said, it's really hard to see how at that rate senator mcconnell might allow some republican senators to support it or that some republican senators would even want to jump on board with that and even harder to see how a bill like that is something that house speaker john boehner would allow to the floor -- allow to the house floor for a vote. so things are very uncertainty point and you're hearing a lot of pessimism as we just heard from democrats and republicans about what will happen with the fiscal cliff and whether we'll go o
>> tonight on c-span, a 90- minutes "q&a" when paul reid. that is followed by question time with british prime minister david cameron. then a discussion on the so- called fiscal cleft. -- fiscal cliff. >> this week on "q&a," a 90- minute discussion with paul reid, co-author of "the last lion: winston spencer churchill, defender of the realm, 1940- 1965." >> paul reid, co-author of "the last lion," the third of a trilogy. if you could have dinner with winston churchill and ask him a serious question, what would it be? >> well, he did not like strangers. he did not like the press. i would ask him about his religious beliefs, or lack thereof. i found that fascinating. he was a victorian man. he made himself into a classical man. he had -- he lived his life in accordance with a precursor to the christian ethic that you find in plato and greek philosophers. this godless ethic. i found that fascinating. i would enjoy talking with him about that. and then -- let's see. the second front. i would like to have a final word, because we americans have set him up with -- at one point, al
. that failed. the focus shifts to the senate. reid and mcconnell will really be charged with trying to hammer out the fine details of that deal that can make it through the senate and through the house so that is the challenge moving forward. of course, president obama here in hawaii for his christmas cray case. he played some golf over the weekend. also, attended the memorial service for the late senator daniel inouye. thomas, on a much lighter note, he asked me had i taken my flip flops out last hour. i hadn't but i did since my work is wrapping up for you guys, flip flops are out and i'm ready to join those folks on the beach behind me. >> i'm very proud of you. i don't want to jinx this by talking about when you might have to pack but is there potential that the president may wrap up the vacation a little bit earlier than expected because of, say, harry reid and mitch mcconnell are able to work something out? >> reporter: i think that that is very likely. you heard president obama sort of signal that he's going to do that when he spoke on friday. he talked about the fact he'll be seeing e
republicans and the far left in mr. obama's party. the president met with senate majority leader harry reid this afternoon and talked with speaker boehner to begin anew that eort to reach compromise. >> averting this middle-class tax hike is not a democratic responsibility or republican responsibility. with their foes the american people have determined that governing is a shared responsibility between both parties in this congress laws can only pass with support from democrats and republicans, and that means nobody gets 100 percent of what they want. lou: there are only ten days remaining to the fiscal cliff. president obama headed to value within actually minutes, and members of congress have also gone home for chrrstmas vacation already. in a news conference today, speaker boehner admitted negotiations with the president have, indeed, been difficult. >> until the president on monday, these are my bottom lines. the president told me that his numbs, $1 trillion in new revenues, 850 billion in spending cuts was his bottom-line. he could not go any further. lou: and he didn't. the plan be op
boehner this afternoon. he also had majority leader harry reid to avoid the fiscal cliff and figure out a passport. he said he is ready and willing to try to get a compromise package done. all at once or stuff like that. but we'll have to wait until after the holiday. the president planning to hold out for the holidays, and congress is out for the holidays. the president saying that putting pressure began on republicans, house republicans, to least extend tax cuts for the middle class. that would be the step by scratch in transit approach and he is speaking to constituents back home who he hopes will give feedback to members of congress while they are there for the holiday to try to get them to agree or get back to the table to negotiate something. gerri: if it were up to me, i say that they work until they get their work done. thank you so much. have a great holiday. gerri: is back to the negotiating table. but have republicans lost their leverage? americans for tax reform, we have matti doppler. let's start with you. how much time can we spend spinning our wheels today we met nancy pe
the focus shifts to the senate. senate majority leader harry reid, minority leader mitch mcconnell will have to try to hammer out some sort of a compromise to avoid going over the cliff, but as you pointed out in your introduction, a lot of senators over the weekend expressed concern that, in fact, we will go over the fiscal cliff. of course, if is that happens, the economy could eventually slip back into recession. one interesting point, thomas, though, last time that members of congress worked between christmas and new year's was 1996. that was during the government shutdown. this is really a rare occurrence for members of congress to have to come back and work out legislation that they went able to get done before the christmas holiday. >> the president is supposed to stay there for how long? >> well, of course, the white house not really giving us specifics about the president's travel plans at this point in time. the reality is i think the president is himself trying to figure out what he is going to do, but we do expect that he will cut his vacation short. you've heard the president hi
spendser churchill, defender of the realm. 1940 to 1965. host: paul reid, co-author with william manchester of the last lion, the third of a trilogy, if you could have dinner with winston chump -- churchill and ask him a series of questions what would they be? >> he didn't like strangers and didn't like the press and didn't give anything away. i would ask him about his religious beliefs or lack thereof. i found that fascinating. he read plato and airs as to thele and cyst -- cicero but he made himself into a classical man. he lived a life in accordance with the precursor to the christian ethic we find in plato and greek gloves and humanist but godless ethic. th then, let's see. the second front. i would like him to have the final word because we americans have set him up for the decades as at one point almost cowardly in his aversion to the second front, none of which is tree. host: what does that mean, the second front? guest: the push from washington, d.c. by general marshall to go to norman did i -- norman did i. to open a second front. franklin roosevelt is telling marshall we have t
somebody else will do it. host: paul reid is our guest the last lion written partially with william manchester. guest: this is not glib. bill is in there. without bill there is no third volume. regardless of his notes. william manchester is in there. and i told him i wouldn't let him down and i have not let churchill down. i think i kept my promise. host: can you remember the exact moment that you said to going to do s, i'm tkpwg t what william manchester wants me to? guest: i think it was the morning after he asked me. we event up to his office at wesleyan and he put together a few more moments. he sent me home with a suit case of source notes and notes and encyclopedia of military terminology. and i thought again, i can do this. i know about the blitz. i have 100 books on my own shelves about world war ii and african campaign and samuel elliot morrison's official history of the naval battles, u.s. navy. i thought i can do this. somewhere along the lines i realized i don't know what bill wants me to do. and we did discuss this somewhat. he said you have to put your man in his times
in perhaps andy reid's last home game. >> redskins and the eagles. you could tell the eagles really wanted to win this for andy reid. they were able to get out in front early. rg-3 obviously in the conversation for offensive rookie of the year. able to get the redskins out front 27-13. but the eagles, they come from behind, get it to 27-20. and closing seconds, coming down to the final seconds. nick foles with an opportunity on a second and goal, trying to get his team in the end zone, can't do so. redskins win it 27-20. it looks like they're going to be your nfc champ. >> and andy reid in philly, he had some good years in there. the next part of our conversation is dedicated to willis. he had to endure a very rough day today. let's talk about that giants game against baltimore. >> the giants have been awful the last few weeks, not playing well, not getting things going on the defensive end. today, the ravens picked on cory webster all day in that giants' second dare. flacco played great on this day. baltimore going back to the postseason, division champs. w the goal again, can they get in
taxes. to do that on something that would be symbolic, harry reid saying it would not be taken up in the senate, the president said he would veto it, i think that was a bridge too far. >> did everyone see the abraham lincoln movie, the wheeling and dealing that had to be done? >> and it was done in a lame- duck session. >> in the good old days, some of us remember, you could punish people. i am taking away the bridge, you are not going to get that school or library. nobody wants to bring home the bacon anymore. >> let us remember -- >> the decrease in corruption has truly been harmful to the nation. you cannot get business done. >> let us remember that during the crash of 2007, 2008, in the end, it was the democrats under nancy pelosi who bailed out president bush. it was the republican secretary of the treasury who literally got down on his knees to hurt because he needed her to bring home the vote. she was able to do that. >> abolish bribery in the house and it grinds to a halt. >> see? ok. 26 people dead in a connecticut elementary school. what to do about guns. >> since friday
?chief metreorologist vytas - reid... is here with your first forecast..- 3 dozens of famiiiis got a great christmas gift just in time for the olidays. holidays.---------------natsof -&ppeople cheering-------- --- today 3-& hundred troops from all around the world arrived at b-w-i. they were not only grreted by amily but by ppundrrds of volunteer churches, commmunity groups anddscoutt. its "operation welcomm home" program. -3 3 "we have a parade route set up &pand the volunteers will be greeting them they'll be cheering them,,patting thee onn phe bacc wwlcominn hem home shackinggther hands."//butt -3 to// "we're creating a good bag that has water nd some &psnacks and a xmas card a greetiig card and alss some information about operation - welcome home." //butt o//"itss absolutely overwhelmiig i can't get through an vent withhut tearinggup because its so wonnerful to see families back together and especially ddring the holidays.. holidays." soldieesswere also ggeeted by the red, blue ann white "t
round with the president and senator mcconnell? he is at the table, senator reid, and others. guest: i am not sure that john boehner will be at the table. he said it is now up to the senate, i am going home. it is not taking my ball and going home, but it is doing as much as you can. he is literally looking to his republican colleagues in the senate to work with harry reid to get something acceptable. if he does, that will put significant pressure on house republicans that did not otherwise exist. i want to push back a little bit. since may, i thought that john boehner -- he made a speech back in december where he talked about $1 for spending cuts for every $1 increase in borrowing. red meat for the tea party wing. it was clearly an attempt to say, i am your guy. it is not clear to me at the moment that, one, anybody would want the job, and two, that there really will not be a challenge. it has to come together very quickly. they do not need somebody to beat boehner. all they have to do is withhold 18 republican votes in the house. he would get an absolute majority and would not be ele
inouye's funeral yesterday, along with other washington insiders, including his friend senator harry reid. he represented hawaii in congress ever since it became a state in 1959 and was the second-longest serving senator in u-s history. inouye received the medal of honor for his heroism during world war two. inouye died a week ago at accepts total responsibility senator michael crapo was arrested in virginia shortly after midnight, saturday night. alexandria police say the idaho republican ran a red light, then failed several field sobriety tests. police say crapo's blood alcohol level was point-one- one ; the legal limit for drivers in virginia is point-oh-eight. in a statement released by his office, crapo said he was -- quote -- "deeply sorry for the actions that resulted in this limit in virginia. the deputy police chief says an investigation is underway to determine whether the killing was intentional or accidental. it was not known whether the victim was a military orthe nato military command says it's looking into the bay area's favorite way the biggest parties and heenan and gary
. senate majority leader harry reid, minority leader mitch mcconnell will have to work together. a lot of focus shifts to mcdonnell. he has to try to get something that will pass with republicans that they can get through the house and senate, but i think president obama certainly has a role to play. remember, he is the one who ran on the platform. >>> you heard him map out on friday. he would like a scaled-back version of the grand bargain, something to prevent taxes going up, and also lay the groundwork potentially for deficit reduction in the future. i think you will see president obama cut his vacation short, and continue to play a role in those negotiations. richard. >>> kristin, over the weekend, he attended the funeral for the late senator inouye, who he has called an inspiration to him. what did you see in that service? >> well, more than 20 members of congress attended, mostly democrats, majority leader harry reid spoke and praised senator inouye for his partisan spirit, reaching across the aisle. of course in an earlier memorial service, the president called the late senator
. america's largest gun rights group says we don't need new laws. chip reid is in washington with that story. chip, good morning. >> reporter: good morning, jeff. the national rifle association was silent in the days following the tragedy in newtown. now it's speaking out and reigniteing an explosive debate over gun control. the nra says it will not budge from its longtime opposition to gun control, insisting the only thing that will stop school shootings is armed guards. >> if it's crazy to call for putting police and armed security in our school to protect our children, then call me crazy. i think the american people think it's crazy not to do it. it's the one thing that would keep people safe and the nra is going to try to do that. >> reporter: nra president david kean added that banning particular guns simply doesn't work. >> we had a so-called assault weapons ban for ten years. it was allowed to expire. the fbi, the justice department and others who studied it said it made no difference. so if we're looking at things that are effective, let's talk abo
now is on senator reid and the president to come up with a solution, make it a piece of legislation, pass it through the senate, present it to the house, and let's get back to the bargaining table. the american people deserve for both houses to do something and ask the president to sign it. >> schieffer: well, are you saying that the house, speaker boehner, should take no responsibility for this impasse that we've come to? isn't some of the onus on him? >> i would say without any question, all year long, we've seen from the leadership in the house, at least a clear line of what we're willing to do. what we haven't seen come out of the senate yet is a single piece of legislation that addresses the crisis. >> schieffer: you know, it's looking like a pretty active political season coming up down there in your home state of south carolina. you're going to have two senate seats open. and now we're hearing that governor-- former governor mark sanford, who left the governorship under a cloud, may actually come back and run for his old congressional seat. what do you hear about that? >> my
obama and senate majority leader harry reid were on hand. he represented the state of hawaii for nearly 50 years. the 88-year-old died of respiratory complications last monday. >>> the clock is ticking for all you procrastinators. tomorrow, of course, is christmas eve. francis has more on the last minute shopping frenzy. >> reporter: as santa finishes up his list before his big trip, most americans are headed out to finish shopping for everyone on their list. >> mom, dad, brother, sister. >> sneakers for my nephew. that's it. i'm done. >> reporter: according to a survey last week, there are millions of shoppers not quite done. 132 million to be exact. 26 million hadn't even started. >> i know who i need to buy for but not what i'm buying yet. >> reporter: many stores, like target, toys r us, and macy's, staid open around the clock this weekend and plan to through christmas eve. >> a lot of people have really challenging work schedules. and people like the convenience. >> reporter: although a poll showed that 17% were planning to spend less this year, retail analysts say sales this holid
. 27-20. celebrate in d.c. andy reid thinking what is going on. afterwards rg3 and the head coach talk about the win. >> playing the best ball that we have all year. we are rolling and we all know that. it's a change in our mind-set since after the bye week. i think everybody is dialed in now. we know we can win any kind of game we have to, whether it's high scoring game, low scoring game or gut wrencher at the end. >> we have been working to win the division. when you win the division, you have a home field game in the play-offs and we talked about that from day one. they knew what we had to do to get there. we haven't accomplished anything yet. we have to win the division and get it down next week. >> in order to win the division they have to beat the cowboys who lost yesterday. the giants lost yesterday. tucker barnes baltimore ravens look good all of a sudden. you got a lot of help but it still boils down to a one-game season. they can get in if they lose but it doesn't look good. they need about three other things to happen. it comes down to a one game season. win and you host a p
, nothing new to report. we don't know yet what senator reid plans to bring to the senate for a vote. >> when i listen to the president, i think the president is eager to go over the cliff for political purposes. i think he sees a political victory at the bottom of the cliff. he gets all additional tax revenue for new programs. he gets to cut the military which democrats have been calling for for years, and he gets to blame republicans for it. >> what we ought to do is take speaker boehner's last offer, the president's last offer, split the difference, that would be a package of about 2.6 trillion dollars. you couple that with the 1.1 trillion that's already been done, that would be close to the 4 trillion dollars that's needed to stabilize the debt and begin to bring it down. peter: the president and the speaker say they will cut their vacation short to return to washington later this week to try to get back to work to hammer something out. dennis and dagen? dagen: peter, aren't they nervous about this? do you get that sense from them at all down in washington that, like, the time i
ran on a platform. 250. he won 60% of the voters. peter: we will see what senator reid puts on the floor on thursday. we will see if it is something that some of these republicans can vote for, ashley, and see if that can avoid the fiscal cliff. the president and speaker both that they will cut their vacations short and return to washington this week to keep trying to work something out. ashley: i am surprised you got anyone would you made those calls today, peter. time is running out. peter barnes nbc. peter, thank you very much. ashley: a fox business exclusive. jeffrey, thank you so much for being here. you are bullish. >> there is an old market for a lot longer than i go back in this business. what we sell in mid-november, especially on the 16th and 19th, without getting too technical, we saw things like outside days and offside gaps. that was a key reversal. we also saw somewhat similar action around the thanksgiving. in 2011. i believe that this rally is genuine. we will need to hold on a monthly closing basis the 1400 plus. where would the charts the? if we take a loo
this morning nothing new to report. we don't know what senator reid plans to bring to the senate for a vote. >> truth of the matter is if we do fall off the cliff, he will come back, propose just what he proposed yesterday leaving washington, and will end up adopting at the washed up at the market in such turmoil and the lack of confidence, why don't we go ahead and act now. >> most numbers are used to spending the christmas to new year's at home, it is time to go back to the table. if anybody sees these representatives from the house in line shops are getting their christmas turkey wish them a merry christmas, civil and say go back to the table, not her own table, the table in washington. >> so there's a group of senate republicans who would vote for taxes on wealthier taxpayers now to get that done, avoid the cliff, move on and fight for spending cuts when the president asks to raise the debt ceiling in february or march. the president and speaker said it will cut their vacation short to return to washington later this week to try and work something out. we are on standby. david: thank yo
back to washington from hawaii here. senate minority leader harry reid has the task of trying to conjure up something that might be able to pass the house in addition to the senate publicly. the white house is saying they want tax rates to remain in effect for those making up to $250,000 per year, but it's unclear if that's something. very unclear, very unquestioned that house republicans could swallow that. we're hearing aing you significant possibility we go over the fiscal cliff. >> absolutely. both sides are saying that. you play thad sound bite from john baroso, saying it's politically expedestrianent for the president to go off the fiscal cliff. but both sides are saying, you know what? maybe it's better to go off the cliff. politically, members of congress will have to vet on tax cuts as opposed to now which are tax increases which are much harder to take. >> that's right. because the tax hikes will happen whether or not congress acts, so the school of thought here is that if republicans and temp kratz were to allow this just to happen, then they could vote for infect o
reid, he withheld information from his colleagues on the nrc. from "the wall street journal," strategically withheld information from his colleagues in an effort to stop work on a controversial proposed waste dump according to a report by the agency's internal watchdog. this occurred, by the way, four months after barack obama took office. he had no intention on dealing with nuke hard policy. not a priority, and he shut down yucca mountain because harry reid was in a tough battle in 2010 which he won narrowly against sharron angle. and then, final hi -- i think this is finally for barack obama, on solar power. obama says he wants to promote green energy. well, he has two very bad policies if that's the case. one was playing venture capitalist with your money. solyndra, which we all know went bust and lost $500 million, was a technology that actually might work. it's called sigs, these are expensive panels, but they're more efficient than the cheap solar panels we get from china. china uses amorphous silicone. so he decided, well, look, the price of silicone is probably going
from where former senator bob dole was also wounded and senate majority leader harry reid was here hawaii today eulogizing senator inouye, talking about how emotional he got as he saw the senator's casket in the rotunda. >> he wasn't satisfied just to be there, he wanted up on that platform so he could reach his friend of 60 years, dan inouye. he got up there, with a little struggle, but he got up there and soldier to soldier, with his left hand, he saluted his soldier friend of 60 years. >> reporter: now, i want to make clear that senator inouye, i said he was award theed medal of honor. he earned it, he's a recipient. not something he won in a contest. and they heard me say that or told i said that. i want to clarify that senator inouye, all three of men received the honor, great, great honor, harris. >> harris: you've cleared it up for us, ed henry. now we'll see the flip side of this and talk about what's going on here in the mainland. the president is on vacation obviously, but is he doing other work that might bring him back to bring us back from the fiscal cliff? might we s
to senate leaders harry reid and mitch mcconnell and whether they work out something short of $4 trillion grand bargain. last-minute stop gap. attending tax cut for people making $250,000 or less. and unemployment benefits for 2 million people who will lose the benefits a week after christmas. >> it is going to be a patch. because in four days we can't solve everything. >> yet, other republicans note the president short-term fix raises some taxes, yet punt spending cuts until next year. >> i would vote for revenue, including the tax rate hike though i don't like them to get, to save the country from becoming greece. i'm not going to set aside the $1.2 trillion in cuts. >> if the president does return to washington this week, unclear whether he will come back here to hawaii for new year's with his family. joe lieberman says he expects the senate to be in session on new year's eve, working on a deal down to the wire. >> thank you, ed. markets dropped on shortened day of trading. dow fell 52. s&p 500 lost 3.5. nasdaq down 8.5. might be a blue christmas for retailers. shoppers came out in dro
former senator bob dole was also wounded. harry reid was in hawaii talked about how hie motionnal bob dol got when he saw senator inouye's casket in the rotunda. >> he wasn't just satisfied to be there he wanted up on the platform so he could reach his friend of 60 years dan inouye. it was a little struggle but he got up there and soldier to soldier with his left hand he sal lawsuit-- saluted his soldi friend of 60 years. >> now i want to make clear senator inouye was the recipient of the medal of honor. today i said he was awarded the medal of honor. big difference. he earned it. he was a recipient. i understand ball bouka and dakota meyers who were both recipients were told i said that. i want to clarify senator inouye all three of the men received the honor. great, great honor. >> you have cleared it up for us. y we will hear the flip side of this and talk about what was going on in the mainland. >> the president is on vacation obviously. is he doing other work that might bring him back to bring us back from the fiscal cliff. might we see him before the new year? >> i think it is almos
an the first lady. senate majority leader harry reid paying tribute to the war hero. >> inouye said my biggest challenge is to convince myself on this day i did my best. i can't think of a single day during the 30 yearsive known senator inouye that he didn't do his best. >> senator inouye was 88 years old and second longest serving senator in u.s. history. >>> no deelt in sight an the fiscal cliff is less than a week away. they are arguing who is at fault for the disagreement. steve centanni is live with more. >> no agreement but plenty of talk. push for a plan b saying the ball is now in the democrat's court there has been no movement toward any kind of deal. republicans can't spending cuts and one key republican says what they need now is leadership. >> if you want leaders the president has been a pathetic fiscal leader. i would vote for revenues including tax hikes to keep the country from becoming greece. i am not going to set aside the 1.2 trillion in cuts. >> the president spoke out about the dpfiscal cliff on friday focusing his goals on middle class tax cuts not some kind of bargains.
in the senate, and senator majority leader harry reid in hawaii for the funeral of daniel inouye and is now back to washington. it could come down to the senate doing something. senator mcconnell might allow this bill i mentioned that i already passed in july, was a threshold for tax hikes, being at the $250,000 level, he may allow democrats to say, the house has to take this, or if there is some sort of vote on another measure, while mitch mcconnell would be unlikely to support it, perhaps he might let some of his republican senators do that, now, this is sort of thinking, coming from democrats, this is not something that mitch mcconnell at this point is planning to do, and it's very much unclear. the fact is, it doesn't just matter what the senate does, don, the house would have to pass something. and whatever were to come out of the senate at this point would require not just republican support, they made that clear last week when they didn't support speaker boehner's plan b. it would come down to speaker boehner deciding whether or not he would allow some sort of measure to go to the floor.
will reckoconvene thursday. harry reid has the task of trying to cobble something together that can get some republican support in the senate and also get some republican support in the house and make it through congress. that's a difficult task. the white house saying they want the threshold for income tax rates expiring to be $250,000 and above. they are back to their initial negotiating position. and so between that and the lack of discussions going on, you sort of understand why you're hearing from democrats and republicans this pessimism about going over the fiscal cliff. privately, that's all what we're hearing that it is a real possibility to go over the cliff, even though there's a possibility of still working out a deal. but this is a last-ditch effort for sure. >> it's incredible that privately they are also saying that. everyone thought once we get closer to the deadline, they are going to get it together, come up with some sort of deal. if this stopgap measure does actually pass before january 1st, is the president prepared to go back to d.c. and cut his vacation short? >> report
more support in the senate. harry reid is a democrat and supports the president's agenda, although he's been a staunch supporter of the nra in the past. but the nra is a hugely powerful entity, no matter if lapierre's comments are seen a little off color or off message, they are hugely influential in washington and as pete said, they're going to be hugely involved in the lobbying battle on capitol hill if this legislation makes its way to the floor. >> asa hutchison is one of the names brought up here. should he be on the panel that vice president biden will be leading? >> he's a former member of congress, he has sway with people on capitol hill, he's large live seen as somebody who is going to run for governor in his home state of arkansas going forward, he's still an active political figure, former members of congress tend to get more things done here in washington than some other folks but we'll see. >> they don't have to be re-elected. >> that's right. they're going to need a lot of power going forward to get lngs through. >> we heard this on friday, we heard it on sunday from lap
obama and harry reid were there for a service. inouye was the second longest serving senator in u.s. history. he represented the state of hawaii for nearly 55 years. the 88 year old died of respiratory complications last monday. >>> mitt romney's own son sad his dad didn't want to run for president. tagg romney said he wanted to be president less than anyone i met in my life. he would have been happy to step aside if someone else would have taken his place. tagg worked as an adviser on his 2012 campaign and worked with other campaigns. >>> a grim assessment to avoid the fiscal cliff. some lawmakers say they feel for the first time a deal may not get done by the end of the year. congress is not expected to return to work until thursday. the same goes for president obama who will spend christmas in hawaii. that leaves them five days to get a deal done to avoid steep tax hikes and big-time spending cuts. senators on both sides of the aisle say both parties need to compromise to avoid a potential economic disaster. >> my one bit of advice to speaker boehner is this. you cannot pass a
of the tax rates. we did deal with the fiscal cliff issues weeks have passed that. it's harry reid and the president that have yet to come up with something. if it was so easy, if they thought they had a solution to it, why didn't on friday they come to the table and actually pass something? the pressure is on them, what can they pass in the senate? >> harold, you know the politics of this but you also know the markets and how they've been reacting and wall street and corporate america more generally. is there new pessimism that we're, a, not going to get a deal and not solve the issue anyway? >> big disappointment. people outside of washington understand clearly. a couple hundred billion over ten years separating both sides. the question becomes can washington still govern itself? two, there's a realization we're in the middle of a small recovery. if we find ourselves not able to resolve this moment, it retards and slows and undermines what we see ourselves doing going forward. finally, for the life of me as someone who sfrd there, it was so distressful to watch both sides yell at
. president obama and senate majority leader harry reid were on hand for the ceremony. inouye was the second longest serving senator in u.s. history. he represented the state of hawaii for nearly 50 years. the 88 year old died of respiratory complications last monday. >>> 16 after the hour. an investigation under way into the apparent suicide of an elite navy s.e.a.l. commander in afghanistan. 42-year-old job price died on saturday. he was from pottstown, pennsylvania. his unit was based in virginia beach. he was the commander officer of s.e.a.l. team 4. there's no indication that he was involved in an investigation or controversy. he's survived by his wife and daughter. >>> wednesday marks the eighth anniversary of the deadly earthquake and tsunami that hit south asia. the catastrophe killed more than 226,000 people. more than 50,000 bodies have never been recovered. thailand will mark the day with a vigil. since the disaster hit in 2004, millions of dollars have been allocated to seismic and tsunami information centers. >>> this morning we're hearing from one of the victims of the mall sho
, thursday. and senate majority leader harry reid, it is up to him, really, to cobble together something that can get some of that support. right now the white house is still supporting a threshold of $250,000 back to their initial starting point for tax rates going up for those making more than that. but you can imagine, hala, that's going to be very hard for some republicans, maybe even some democrats to sign on to. >> right. and for just about a week ago, it was common to hear a deal will be hammered out. over the last several days we're hearing more and more that potentially this is a reality for americans in eight days' time. your sources in the administration, is there a real concern among some of the people you're speaking with that indeed this fiscal cliff will become a reality? >> i thi >> reporter: i think there is much more of a concern. a couple of weeks ago, you talk to folks not only in the administration but on the hill, there was a thought that this may be averted. now i do think there is more pessimism. you're hearing that publicly, hala. that's also what is going on beh
. >> chris: the plan b. >> harry reid will pass through the senate on thursday or friday a tax hike on everyone over $250,000 and republicans will have the joyc choice on m, letting it come to a vote. i think the speaker probably has to. b, will they lose 20 or 30 republicans to join the democrats to pass this or not. i think it is a worse outcome but that is what happens when republicans decided they would just be ob cit obstinate and no along with the speaker. >> chris: extend unemployment benefits and delay, kick the can down the road the sequester of $110 billion in spending cuts. kirsten, with republicans in the house already rejecting as we just pointed out the boehner plan which would have only raised taxes on people making more than a million dollars what are the chances that they will go for the obama plan? >> well, it is -- i mean very low that you are -- well, zero that you would get the entire republican caucus. maybe something can happen where you you get some republicans and some democrats but even that seems difficult and i think that it shows how unreasonable the rep
have passed that. it's harry reid and the president that have yet to come up with something. if it was so easy, if they thought they had a solution to it, why didn't on friday they come to the table and actually pass something? the pressure is on them, what can they pass in the senate? >> harold, you know the politics of this but you also know the markets and how they've been reacting and wall street and corporate america more generally. is there new pessimism that we're, a, not going to get a deal and not solve the issue anyway? >> big disappointment. people outside of washington understand clearly. a couple hundred billion over ten years separating both sides. the question becomes can washington still govern itself? two, there's a realization we're in the middle of a small recovery. if we find ourselves not able to resolve this moment, it retards and slows and undermines what we see ourselves doing going forward. finally, for the life of me as someone who sfrd there, it was so distressful to watch both sides yell at each other. i feel sorry for speaker boehner. i've seen s
. senate majority leader harry reid, minority leader mitch mcconnell will try to hammer out a deal and by all accounts, it will be a smaller deal, thomas. >> nbc's kristen welker traveling with the president in hawaii. kristen, thanks so much. joining us to talk about the chances of reaching a deal, democratic congressman from minnesota, keith ellison. sir, it's good to have you here, and do you think, as you hear what kristen is reporting there, that it's -- that it's still optimism that this could get done by the end of the year, but slim. do you think that it could get done, and is it going to get gone because of the onus now being on the senate? >> i think that we will have a deal. of course, no one can guarantee that. the real question is will boehner put a deal on the floor that enough of us democrats can vote for? that's the real question. the fact is he can't even get enough republicans to vote for that tea party wish list he put on the floor last week. so what he needs to do is come to the other direction to pick up enough votes to get a deal. now, that's going to take som
to the senate which will reconvene on thursday. the 27th. house majority leader harry reid now has the task of trying to cobble something together that could perhaps pass the senate and also pass the house with some republican support. the expectation would be some democratic support. the white house is still calling for the threshold on tax cuts to be a quarter million. it seems unlikely republicans would sign on the that, and officially president obama is supposed to be remaining here in hawaii through the new year, it seems likely he will be heading back to washington sometimes around when the senate convenes. and in the meantime, just up in the air about what is going to happen. is it going to be a very unmerry cliff-mass? perhaps. >> i feel like we should pause and listen to the best sound in the world behind you. the waves crashing on the beach. >> pretty good. thanks. >>> dana, as you know, the fiscal cliff crisis is bringing out the creative side of the "usa today" editorial board. >> with the president and congress on holiday break, the newspaper's editors decide a holiday poem was
, the majority leader of the united states senate, the honorable harry reid. >> today the people of burma and the united states honor aung san suu kyi. her personal sacrifice and her dedication to spreading freedom and justice not only in burma but in the world. even when it meant separation from her family, when it meant being a part from her husband at the hour of his death, aung san suu kyi has remained true to her cause. today i also recognize my colleague, republican leader mitch mcconnell. i have stood next to him on the senate floor now for a long time, and there is no cause for which he has been more pronounced in doing something about than aung san suu kyi and burma. i extend my congratulations, my admiration and i applaud him for his good work. he has been a long standing advocate in the united states to focus on burma and what is wrong there with the ruling junta. he co-sponsored the economic sanctions bill that helped push the regime toward freedom. sometimes people think it is hard for the two parties of congress to find common ground. lots of times it is. but i am pleased th
in the court of senate. senate majority leader harry reid has to cobble together something to get support from some republicans in the senate and also from the house in order to aavert this fiscal cliff. the white house right now is saying they want the threshold for the income tax rates at a quarter million dollars. that might be difficult to get republican support on that, so we'll see if that changes, suzanne. >> do we expect that the president is going to come back early from his hawaii vacation if anything happens on the senate side? clearly, he could get things done from hawaii as well, but it could be at least symbolically for him to return to washington. >> reporter: definitely. we expect that he will be heading back to washington, d.c. he was supposed to be here through the new year. i will tell you nothing is official on the schedule that he's definitely going back to d.c., but the sense you get from the white house is that it's more an issue of when and not if. if there is a bill that goes through the senate, the president will have to be there in order to perhaps twist some arms an
and harry reid, leader of senate democrats essentially saying entitlements are off the table when we know entitlements are the biggest drivers of debt. gregg: there may be a reason for that. marjorie, senator john barosso chairman of the republican policy committee put his finger on it. he believes the president is eager to go over the cliff for political reasons because he senses victory at the bottom of the cliff. those are his words verbatim and, you know, then the president gets to punish republicans. and he also might get more money in a for taxpayers, from taxpayers to expand the government. what about that? >> well i have a really hard time believing anybody, republicans or democrats would win from going over the cliff. talking about potentially putting country in recession, what it would do to the markets. here's the deal. these type of negotiations what we lost a $4 trillion opportunity when boehner and obama were at the table having talks prior to the holiday. what we're looking at really condensed timeline of $1.5 trillion. kay bailey hutchison and other senate republicans come
boehner and mitch mcconnell and harry reid need to come back and make sure their membership -- boehner couldn't deliver the other day -- make sure the membership, and by the way, boehner may have to go with democrats plus a minority of republicans to get the job done. gregg: yeah. >> this is about the welfare of this country, not about the welfare of a political party. gregg: all right. brad, the fiscal cliff is one of the reasons why people are so incredibly gloomy about the future, and, you know, dick's making the point here when speaker john boehner can't even get his own party to follow him and put up a vote on his plan, i mean, aren't republicans equally to blame for the public's profound pessimism? >> well, we have a divided nation, that is for sure. this president has not done his job in leading, and had he done his job in leading especially in the fiscal cliff, he wouldn't be in hawaii now, he'd be in washington making sure that we had a deal -- gregg: has boehner done his job? >> boehner has done a great job in trying to lead republicans to a solution. gregg: seriously? >> abs
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